NOT LISTED FOR SALE

1490 N Palm Ave Rialto, CA 92376

Rialto Area

Estimated Value: $844,000 - $1,028,000

9 Beds
5 Baths
3,792 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: April 13, 2016

Last sale price $466,000 $123 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,036 / mo

89 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Balcony
  • Living Room
  • Tile Flooring

About This Home

As of April 2016

Fully occupied, Great Investment property! 4 units with one building One unit 3 bedroom and 2 bath, Three of units are 2 bedroom and 1 bath, Property has new garnet counter top, new paint in all units, all units are title floor in living room and kitchen, bedroom are laminate floor, one car garage...... Great cash flow, excellent location in Rialto, close to schools, restaurants and transportation , make it a must see!!!

Last Agent to Sell the Property

Jenny Thorson

WeTrust Realty License #01761795 Listed on: 11/20/2015

Last Buyer's Agent

DIANA MARTINEZ

EXP REALTY OF CALIFORNIA INC License #01510495

EXP REALTY OF CALIFORNIA INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,400 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,792 Sq Ft Home
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 11
  • Tax Tract Number 7082
  • Assessor Parcel Number 0127182120000

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $175
  • Trash Expense $75
  • Water Sewer Expense $350
  • New Taxes Expense $5,937
  • Gross Income $3,730
  • Net Operating Income $32,760

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

8,400 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 350.00
  • Property Type: Residential Income
  • Parcel Number: 0127182120000
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Price Per Square Foot: 122.89
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Trash Expense: 75.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8400.00
  • Price Per Lot Square Foot: 55.48
  • Lot Size Acres: 0.1930

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 3730.00
  • Gross Scheduled Income: 44760.00
  • Insurance Expense: 175.00
  • Lot Size Area: 8400.0000 Square Feet
  • Net Operating Income: 32760.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 150.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5937.00
  • Tax Lot: 11
  • Tax Tract Number: 7082

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2018
Sold by
Bought by
Current Estimated Value
$949,035

Purchase Details

Listed on
Nov 20, 2015
Closed on
Mar 24, 2016
Sold by
Bought by
Seller's Agent
Jenny Thorson
WeTrust Realty
Buyer's Agent
DIANA MARTINEZ
EXP REALTY OF CALIFORNIA INC
List Price
$475,000
Sold Price
$466,000
Premium/Discount to List
-$9,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$326,200
Interest Rate
0.0362%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2011
Closed on
Apr 3, 2012
Sold by
Bought by
Seller's Agent
JONATHAN VIEGAS
ALPHA ONE GROUP
Buyer's Agent
Jenny Thorson
WeTrust Realty
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.75%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
0.0557%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
0.0423%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$466,000 Usa National Title Company
$260,000 Lsi Title Company
$281,000 Accommodation
$385,000 Orange Coast Title Company
-- First American
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $326,200
Previous Owner $308,000
Previous Owner $232,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2016 04/13/16 Sold $466,000 -1.9% $123 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $475,000 +82.7% $125 / Sq Ft
04/18/2012 04/18/12 Sold $260,000 -7.1% $69 / Sq Ft View Prior Sale
03/22/2012 03/22/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $279,900 -- $74 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $10,381 $562,682 $108,673 $454,009
2025 $10,381 $551,649 $106,542 $445,107
2024 $9,619 $540,832 $104,453 $436,379
2023 $10,331 $530,228 $102,405 $427,823
2022 $9,824 $519,831 $100,397 $419,434
2021 $10,050 $509,638 $98,428 $411,210
2020 $10,168 $504,413 $97,419 $406,994
2019 $10,373 $494,523 $95,509 $399,014
2018 $10,083 $484,826 $93,636 $391,190
2017 $8,666 $475,320 $91,800 $383,520
2016 $4,260 $275,871 $53,476 $222,395
2015 $3,697 $271,727 $52,673 $219,054
2014 $3,480 $266,404 $51,641 $214,763
Source: Public Records

Agents Affiliated with this Home

  • Jenny Thorson

    Seller's Agent in 2016

    Jenny Thorson

    WeTrust Realty

    (626) 215-8887

    26 Total Sales

    Jenny Thorson
    Section Image

  • D

    Buyer's Agent in 2016

    DIANA MARTINEZ

    EXP REALTY OF CALIFORNIA INC

    (888) 584-9427

    9 Total Sales

    DIANA MARTINEZ
    Section Image

  • J

    Seller's Agent in 2012

    JONATHAN VIEGAS

    ALPHA ONE GROUP

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15250417

California Regional Multiple Listing Service (CRMLS)

APN: 0127-182-12

California San Bernardino County Rialto 92376

1490 N Palm Ave, Rialto, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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